Conversations with the Fed: Unboxing the New Economics of TradeMinneapolis Fed2026-09-22 | Conversations with the Fed: Unboxing the New Economics of TradeNeel Kashkari at APi Group Controllers ConferenceMinneapolis Fed2023-08-07 | ...Q&A with Neel Kashkari at Bethel UniversityMinneapolis Fed2023-08-07 | ...Native CDFIs: Lending Insights, Best Practices, and Policy ConsiderationsMinneapolis Fed2023-07-19 | Second event in the Center for Indian Country Development’s 2023 webinar series Cultivating Native Economies in the 21st Century. More information available here: minneapolisfed.org/events/2023/native-cdfis-lending-insights-best-practices-and-policy-considerationsNeel Kashkari at the National Bureau of Economic Research Summer InstituteMinneapolis Fed2023-07-13 | On July 12, 2023, Minneapolis Fed President Neel Kashkari participated in panel discussion on banking solvency and monetary policy at the National Bureau of Economic Research Summer Institute 2023 conference Macro, Money and Financial Frictions. Session is moderated by Janice C. Eberly of Northwestern University and NBER.The Basket: Historic wage inflation for restaurants and retailMinneapolis Fed2023-07-11 | In any outbreak of inflation, there are two sides to the story: prices and wages. Since the COVID-19 pandemic, prices are easily outrunning most of our paychecks. But that’s not true for everyone -- especially some service workers whose wage growth has long been at the back of the pack.
Senior Economics Writer Jeff Horwich runs the numbers for restaurant and retail workers, where consumer spending and tight labor markets are driving historic wage gains. But are these gains durable in the face of automation, artificial intelligence, and possible recession?
Our Regional Outreach team, in partnership with the Minnesota Department of Employment and Economic Development (DEED), recently surveyed professional services firms across the Ninth District to better understand how they are faring in the current economy and what they see in the immediate future. Regional Outreach Director Joe Mahon hosted a webinar on July 10, 2023, discussing the latest results from a midyear survey of services firms.Fireside chat with James Bullard and Neel KashkariMinneapolis Fed2023-07-06 | On May 5, 2023, James Bullard, President and CEO of the Federal Reserve Bank of St. Louis, spoke at an event hosted by the Economic Club of Minnesota. The fireside chat also featured Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis.
Discussion topics included labor, recent bank failures, digital currency, and the viability of the US dollar.What We Know About Non-Competes and How States Are Addressing ThemMinneapolis Fed2023-06-22 | On June 22, 2023, Minneapolis Fed staff presented our recent research findings on non-competes. The presentation provided more insights into who has non-competes and their experiences in the labor market. Next, a panel of subject matter experts from Illinois and Colorado discussed their home states’ recent changes in non-compete rules and how those policy changes are affecting workers and employers. The panelists also responded to findings from the new data and discuss whether it resonates with their on-the-ground observations.Opportunities and Barriers in Native Federal ContractingMinneapolis Fed2023-06-22 | Our June 21, 2023 webinar explored opportunities for Native entities to advance economic prosperity through federal contracting—and barriers to accessing and succeeding with federal contracting. Subject matter experts from national Native organizations and the federal government discussed federal contracting’s role in economic development. Representatives from ANCs, NHOs, and tribal enterprises shared their experiences in the industry.The Basket: “Nostalgia-flation” in the grocery aislesMinneapolis Fed2023-05-25 | How does grocery inflation feel to you: 7%? 1%? 19%? Economists and the media thrive on the basic annual numbers from the BLS, but shoppers' brains don't work that way. Right now, monthly and two-year inflation might be where the real action is.
In this episode of The Basket, Minneapolis Fed Regional Economist Erick Garcia Luna joins Senior Economics Writer Jeff Horwich to explore how "nostalgia-flation" can loom large as we roam the aisles.
Thank you to Kowalski’s Markets for graciously allowing us to film parts of this episode!
More episodes of The Basket: youtube.com/playlist?list=PLHam5NjtYpEfYG0cdUhbF_hpfiRH4pLXjConversations with the Fed: Understanding the FOMC’s Summary of Economic ProjectionsMinneapolis Fed2023-05-25 | Wondering how to understand monetary policy? Have you heard of the Federal Open Market Committee’s SEP (Summary of Economic Projections)? How about the dot plot? What exactly is “forward guidance”? Federal Reserve Bank of Minneapolis Vice President of Research Ben Malin explained these concepts and their importance in monetary policy during a live webinar on May 24, 2023.
More information about this event can be found here: minneapolisfed.org/events/2023/conversations-with-the-fed-understanding-the-fomcs-summary-of-economic-projectionsRegional Economic Conditions: AgricultureMinneapolis Fed2023-05-19 | The Federal Reserve Bank of Minneapolis surveys farm lenders across the Ninth District quarterly to check the pulse of agriculture in this heavily rural region. Regional economist Joe Mahon hosted a live webinar to discuss the latest results—gathered as farmers were considering planting decisions—on farm incomes, land values, and the impacts of increasing interest rates on farm finances.Neel Kashkari at Minnesota Transportation Conference & EXPOMinneapolis Fed2023-05-16 | A fireside chat with Minneapolis Fed President Neel Kashkari in St. Paul. Minnesota, moderated by HDR's Transportation Business Development Manager Jeff Rhoda.Neel Kashkari at Minnesota Transportation Conference & EXPOMinneapolis Fed2023-05-15 | A fireside chat with Minneapolis Fed President Neel Kashkari in St. Paul. Minnesota, moderated by HDR's Transportation Business Development Manager Jeff Rhoda.Neel Kashkari - Q&A at the Marquette CEO TownhallMinneapolis Fed2023-05-12 | A town hall with Minneapolis Fed President Neel Kashkari at Northern Michigan University in Marquette, Michigan, moderated by Invest UP Michigan Director of Strategic Initiatives Vince Nystrom.Minimum Wage Increases: Recent Evidence and Policy Trade-OffsMinneapolis Fed2023-05-08 | Despite decades of academic research, both policymakers and economists are still debating the quantitative impact of minimum wages on workers, firms, and regions. This conference will convene economists and policymakers from across the country to shed light on recent evidence on the effects of minimum wage increases on various aspects of the labor market. Minneapolis Fed President Neel Kashkari will moderate a policy panel to discuss how policymakers might think about the trade-offs associated with minimum wage increases and what questions policymakers most need researchers to answer.Regional Economic Conditions: Construction Sector OutlookMinneapolis Fed2023-05-05 | How are current conditions in the construction sector, and what’s the outlook for the 2023 spring and summer building season across the Ninth District?
Our Regional Outreach team recently surveyed construction firms across the Ninth District to gauge recent construction activity and the near-term outlook in the sector.
Regional Outreach Director Ron Wirtz held a live webinar on May 5, 2023, where he discussed the latest results from a mid-April survey of activity levels, challenges, overall conditions, and outlook in the construction sector.Town hall with Neel Kashkari at Montana State UniversityMinneapolis Fed2023-04-13 | A town hall with Minneapolis Fed President Neel Kashkari at Montana State University (MSU) in Bozeman, Montana, moderated by Dan Miller, dean of MSU’s Jake Jabs College of Business and Entrepreneurship.Regional Economic Conditions: Health of the Minnesota Child Care SectorMinneapolis Fed2023-04-13 | The Minneapolis Fed recently partnered with First Children’s Finance to survey Minnesota child care providers in March. Minneapolis Fed’s Ben Horowitz and Suzanne Pearl, Minnesota Director at First Children’s Finance, hosted a webinar discussing survey results on the sector’s current health, capacity, and challenges.Neel Kashkari Q&A with the Minnesota Housing PartnershipMinneapolis Fed2023-03-30 | A conversation with Minneapolis Fed President Neel Kashkari, moderated by Minnesota Housing Partnership’s Executive Director Anne Mavity at the Wilder Foundation in St. Paul, Minnesota.The Basket: Who paid the most for winter heat?Minneapolis Fed2023-03-28 | Home energy prices were (mostly) up in the winter of 2022-2023, but prices are just part of the story. The rest depends on weather and historic patterns that have left different parts of the U.S. dominated by different heating technologies: Natural gas, electricity, oil, and propane.
Senior Economics Writer Jeff Horwich ventures beyond the Consumer Price Index to the multi-layered, monthly data from @EIGGovUS on winter fuel costs, and sums up the factors that made this winter a moment-of-truth for folks with one particular technology: heating oil.
More episodes: youtube.com/playlist?list=PLHam5NjtYpEfYG0cdUhbF_hpfiRH4pLXjNeel Kashkari participates in “TESTIFY Talk: Race, Justice and the Economy.”Minneapolis Fed2023-03-03 | MPR News host Angela Davis will moderate a conversation on Race, Justice and the Economy with Justice Alan Page and Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis.Neel Kashkari Q&A at 2023 SiouxFalls.Business CEO eventMinneapolis Fed2023-03-01 | A conversation with Minneapolis Fed President Neel Kashkari, moderated by SiouxFalls.Business founder Jodi Schwan.Regional Economic Conditions: General BusinessMinneapolis Fed2023-02-28 | Our Regional Outreach team recently surveyed businesses across the Ninth District to gauge current economic activity and the near-term outlook of firms in different sectors. Regional Outreach Director Ron Wirtz and Research Assistant Haley Chinander hosted a webinar on February 24, 2023 too discuss the latest results from a January survey of firms, and how businesses are dealing with very challenging conditions.The Basket: Pet food prices keep purring right alongMinneapolis Fed2023-02-22 | Riddle me this, kibble me that: With overall inflation slowing, why does pet food feel so expensive lately? Senior Econ Writer Jeff Horwich finds supply factors colliding with the pandemic pet surge & marketing aimed at a soft spot for our fur babies.
More episodes: youtube.com/playlist?list=PLHam5NjtYpEfYG0cdUhbF_hpfiRH4pLXjNeel Kashkari at Boston Economic ClubMinneapolis Fed2023-02-09 | Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, spoke to a meeting of the Boston Economic Club on February 8, 2023. The discussion was moderated by financial journalist and author Roger Lowenstein.2023 Regional Economic Conditions ConferenceMinneapolis Fed2023-01-17 | The Federal Reserve Bank of Minneapolis hosted its sixth annual Regional Economic Conditions Conference on January 13, 2023. The half-day conference featured 3M CEO Mike Roman, who talked with Minneapolis Fed President Neel Kashkari about the economic challenges facing the manufacturing sector. The conference also featured presentations and panel discussions with representatives of each state in the Ninth Federal Reserve District, which includes Minnesota, the Dakotas, Montana, northwestern Wisconsin, and Michigan’s Upper Peninsula.Regional Economic Conditions: Construction Sector ActivityMinneapolis Fed2022-12-16 | Our Regional Outreach team recently surveyed construction firms across the Ninth District to gauge construction activity and the near-term outlook in the sector. On December 16, 2022, Regional Outreach Director Ron Wirtz hosted a live webinar discussing the latest results from a mid-November survey of activity levels, challenges, overall conditions, and outlook in the construction sector.Rural Communities Building Their Own Child Care ResourcesMinneapolis Fed2022-12-16 | In October, a panel discussion highlighted a child care co-operative in North Dakota, a bond-financing child care and community center in Montana, and a tax- credit-financed child care center in Wyoming. Panelists addressed financing, planning, and other tools people in rural and frontier areas can use to help support the supply of high-quality care for children. This event was facilitated by the Administration for Children and Families, Economic Development Administration, Employment and Training Administration, Federal Reserve Bank of Minneapolis, Federal Reserve Bank of San Francisco, and USDA Rural Development.Day 2 - 2022 Center for Indian Country Development Research SummitMinneapolis Fed2022-12-12 | As part of its mission to support tribal economic prosperity, the Center for Indian Country Development (CICD) at the Federal Reserve Bank of Minneapolis conducts and supports policy-relevant research on key questions that matter for Indian Country. We invite you to join us December 1–2 for an open discussion of new insights and opportunities at CICD’s annual research summit. The theme of this year’s summit is Unlocking Our Full Economic Potential.
The 2022 summit will feature panels of tribal leaders and federal policymakers discussing tribal sovereignty in research and data collection as well as opportunities to inform policy and fiscal decisions. The summit will cover a variety of topics related to economic prosperity in Indian Country, from tribal government bonding to Census differential privacy to pandemic recovery. Social scientists and rising student researchers will briefly present their findings in an accessible way, with tribal leaders and practitioners giving their reactions. CICD staff will also demonstrate tools that policymakers and practitioners can use to inform their decision-making.
The summit is intended for stakeholders who care about better research that can help tribes achieve their economic and social objectives. Even if you can’t attend the entire event, we welcome your participation in individual sessions. We hope you’ll join us for this important conversation.
0:00 - Intro with Alene Tchourumoff 1:35 - Indigenizing Economic Research 16:56 - Pandemic Recovery and Spillover Effects Based on Foot Traffic 48:10 - Opportunities and Challenges of Homeownership on Trust Land 1:29:36 - Patterns of Uncertainty, Inaccuracy, and Statistical Erasure 1:56:24 - Lunch break with Jack Gladstone 2:25:52 - Native Entity Enterprise Dataset 2:51:55 - Informing Federal Policy and Funding 3:47:14 - Closing with Casey LozarDay 1 - 2022 Center for Indian Country Development Research SummitMinneapolis Fed2022-12-12 | As part of its mission to support tribal economic prosperity, the Center for Indian Country Development (CICD) at the Federal Reserve Bank of Minneapolis conducts and supports policy-relevant research on key questions that matter for Indian Country. We invite you to join us December 1–2 for an open discussion of new insights and opportunities at CICD’s annual research summit. The theme of this year’s summit is Unlocking Our Full Economic Potential.
The 2022 summit will feature panels of tribal leaders and federal policymakers discussing tribal sovereignty in research and data collection as well as opportunities to inform policy and fiscal decisions. The summit will cover a variety of topics related to economic prosperity in Indian Country, from tribal government bonding to Census differential privacy to pandemic recovery. Social scientists and rising student researchers will briefly present their findings in an accessible way, with tribal leaders and practitioners giving their reactions. CICD staff will also demonstrate tools that policymakers and practitioners can use to inform their decision-making.
The summit is intended for stakeholders who care about better research that can help tribes achieve their economic and social objectives. Even if you can’t attend the entire event, we welcome your participation in individual sessions. We hope you’ll join us for this important conversation.
0:00 - Intro with Neel Kashkari and Alene Tchourumoff 8:57 - Importance of Research and Data in Informing Economic Opportunity in Indian Country 46:44 - Native American Labor Market Dashboard Demonstration 57:34 - Lending by Native Community Development Financial Institutions 1:30:15 - Native American Borrowing Costs 2:26:24 - NAFI Map, Funding and Finance Atlas 2:46:27 - Discussion on Census Differential Privacy 3:44:28 - Exercising Tribal Sovereignty in Research and Data Collection 4:41:07 - Closing with Casey LozarRegional Economic Conditions: Agricultural CreditMinneapolis Fed2022-11-30 | The Federal Reserve Bank of Minneapolis surveys farm lenders across the Ninth District quarterly to check the pulse of agriculture in this heavily rural region. Regional economist Joe Mahon hosted a live webinar on November 15, 2022 to discuss the latest results, gathered during harvest season, on farm incomes, land values, and the impacts of increasing interest rates on farm finances.Fall 2022 Institute Research ConferenceMinneapolis Fed2022-11-17 | The Opportunity & Inclusive Growth Institute will host its annual research conference on November 17, 2022. This event will celebrate the Institute’s five-year anniversary and showcase the range of frontier-style research with which the Institute engages. Papers will discuss questions related to the Institute’s mission of supporting the Federal Reserve’s mandates through research into how to enhance economic opportunity and achieve inclusive growth. Keynote remarks will be provided by Philip Jefferson, a former Institute advisor who was confirmed in 2022 to the Board of Governors of the Federal Reserve System.Neel Kashkari at the Minnesota Chamber of Commerce 2022 Economic SummitMinneapolis Fed2022-11-17 | ...Neel Kashkari Q&A at the Ness School of Management and Economics at South Dakota State UniversityMinneapolis Fed2022-11-10 | ...The Basket: Is inflation turning us vegetarian?Minneapolis Fed2022-10-20 | Against a long-running trend of cheaper meat, has the pandemic era struck a healthy blow for fruits and veggies? Senior Econ Writer Jeff Horwich farms the latest inflation data for our new episode of "The Basket."
All images public domain unless otherwise noted. “Impossible Burger” photo by T.Tseng via Flickr flickr.com/photos/68147320@N02/37958191475Neel Kashkari Q&A at the Women Corporate Directors of Minnesota Economic PanelMinneapolis Fed2022-10-19 | ...Neel Kashkari speaks at the 2022 Northwoods Economic Development Summit in Rhinelander, WisconsinMinneapolis Fed2022-10-12 | ...Agriculture, Food, and Inflation: Driver and Our Path ForwardMinneapolis Fed2022-10-10 | Rising prices are impacting every aspect of the food and agriculture supply chain. Increased input costs on the farm as well as more expensive groceries are some of the many consequences of recent upheavals in global commodity markets and rising costs of food processing, transportation, and labor.
To explore these issues in more depth, the Federal Reserve Banks of Minneapolis and Kansas City co-hosted a virtual symposium on October 7, 2022, to illuminate the factors that influence the cost of food and the short- and long-term outlook.“Addressing Labor Market Limitations on Minnesota Workers Economic Success: Restrictive Covenants”Minneapolis Fed2022-10-07 | This panel discussion on restrictive covenants, like non-compete clauses, was part of the Addressing Labor Market Limitations on Minnesota Workers’ Economic Success event at the Federal Reserve Bank of Minneapolis on October 3, 2022.
Featured speakers: Catherine Lyons, Economic Innovation Group Wm. Christopher Penwell, Siegel Brill, P.A. Aaron Sojourner, W.E. Upjohn Institute for Employment Research
The panel was moderated by Ryan Nunn, Federal Reserve Bank of Minneapolis.“Addressing Labor Market Limitations on Minnesota Workers Economic Success: Occupational Licensing”Minneapolis Fed2022-10-07 | This panel discussion on occupational licensing was part of the Addressing Labor Market Limitations on Minnesota Workers’ Economic Success event at the Federal Reserve Bank of Minneapolis on October 3, 2022.
Featured speakers: Rebecca Haw Allensworth, Vanderbilt Law School Tamar Frolichstein-Appel, Upwardly Global Suzanne Hultin, National Conference of State Legislatures Morris Kleiner, Humphrey School of Public Affairs at the University of Minnesota.
The panel was moderated by Mary Hogan, Federal Reserve Bank of Minneapolis.Cyber Risk and Financial StabilityMinneapolis Fed2022-10-06 | ...Neel Kashkari Q&A at the Bremer Financial Fall Leadership ConferenceMinneapolis Fed2022-10-06 | ...Regional Economic Conditions: Tourism and Hospitality SurveyMinneapolis Fed2022-09-23 | The Minneapolis Fed, Hospitality Minnesota, and Explore Minnesota Tourism partnered on a quarterly survey to gauge current economic activity and the near-term outlook of Minnesota’s hospitality and tourism businesses.
Ron Wirtz, Regional Outreach Director, for a free webinar discussed results from our late-August survey to learn how businesses in this sector are dealing with very challenging conditions. Ron was joined by Gretchen Nussbaum (Explore Minnesota Tourism) and Ben Wogsland (Hospitality Minnesota) for an extended Q&A session to dig into survey findings, including how conditions compare across the state and among different types of businesses in this sector.The Basket: Are smartphone prices rising or plunging? (Yes and yes!)Minneapolis Fed2022-09-08 | With annual inflation near a 40-year high, smartphones jump out from government inflation stats for massive price declines. But wait... aren't phones getting more expensive? Indeed they are! Jeff Horwich connects with the Bureau of Labor Statistics to explain for our new episode of The Basket.
Note: The views in this educational video do not necessarily reflect those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System.Thank you for visiting us at the Minnesota State FairMinneapolis Fed2022-09-06 | ...Conversations with the Fed: The Complex Economics of Growing OldMinneapolis Fed2022-09-06 | Longer lives and unpredictable health make our golden years an economic puzzle, with major implications for policy and our own happiness. Economist Mariacristina De Nardi worked to decipher our patterns of saving and spending in old age: Why do many couples keep putting money away long into retirement? Do we enjoy our money less as we age? How does losing a spouse dramatically change our finances? And what are the implications of COVID-19?
De Nardi is the Thomas Sargent Professor of Economics at the University of Minnesota and a consultant to the Opportunity & Inclusive Growth Institute at the Minneapolis Fed. The event was moderated by Senior Economics Writer Jeff Horwich.The Minneapolis Fed at the 2022 Minnesota State FairMinneapolis Fed2022-08-29 | ...Neel Kashkari speaks to the Wharton Minnesota Alumni ClubMinneapolis Fed2022-08-24 | ...Regional Economic Conditions: General BusinessMinneapolis Fed2022-08-22 | Our Regional Outreach team recently surveyed businesses across the Ninth District to gauge current economic activity and the near-term outlook of firms in different sectors. On August 16, 2022, Ron Wirtz, Regional Outreach director, hosted a webinar to discuss the latest results from a July survey of firms, and to learn how businesses are dealing with very challenging conditions.